Monday was a rough day for tech stocks, with big names like Nvidia, Palantir, and Rigetti Computing seeing significant drops. Nvidia fell by nearly 4%, Palantir by 3. 5%, and Rigetti Computing plummeted by 10%. Even last year's Nasdaq winner, AppLovin, wasn't spared, with a 3% loss. This sell-off ha
Business tycoon Bill Ackman's investment firm, Pershing Square, has cooked up an interesting proposal. They want to buy out real estate company Howard Hughes. The offer? A whopping $85 per share! This is a big jump from the previous price. Ackman's firm already owns a chunk of Howard Hughes, about 3
China's exports saw a surprising jump in December, growing by 10. 7% compared to the same month last year. This boost came as factories rushed to fill orders before possible higher tariffs from the incoming U. S. President, Donald Trump. Imports, on the other hand, only increased by 1%, defying expe
Let’s think about trying to attract a diverse group of people to work for your company. Some companies say they care about diversity, but others go further and set clear goals, like hiring one woman or person of color for every White man. Does this make a difference to people looking for jobs, espec
Ever wonder what happens when two big retailers, Lululemon and Abercrombie & Fitch, have a strong holiday season? They adjust their sales outlooks! Lululemon has upped its predictions for this holiday quarter, with expected sales growth of 11% to 12%, landing between $3. 56 billion and $3. 58 billio
Imagine a world where artificial intelligence (AI) is as crucial as electricity. That future is closer than you think, and OpenAI wants the U. S. to take the lead. The AI startup recently shared its game plan, saying the U. S. needs serious cash and smart rules to outpace China. It’s all about chips
Ever since the legalization of election betting in the U. S. , Kalshi has been making waves. Now, the prediction market firm has brought on Donald Trump Jr. as a strategic adviser. Kalshi's CEO, Tarek Mansour, sees Trump Jr. as a perfect fit due to his keen interest in new technologies and media. Tr
Paul Rosenbluh got shocking news while buying another restaurant: his diner in Altadena, California, had burned down. Fox's Restaurant, a beloved spot since 1955, was destroyed by the Eaton Fire. He was in Vancouver when he saw the charred remains on Facebook. Business had been good, with many regul
Have you ever felt like you're running out of time to finish something important? Well, that's kind of what's happening with the proposed merger between Nippon Steel and U. S. Steel. The Biden administration has given them a little more time to wrap things up, pushing the deadline from late February
Imagine building a successful business for years, only to have it reduced to ashes in a matter of hours. That's the reality for restaurant owners Paul Rosenbluh and Monique King. They were miles away, finalizing another business deal, when the Eaton Fire tore through their beloved diner, Fox's Resta
